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dirkle

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Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth (markets.businessinsider.com)

Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth::Only eight companies in the S&P 500 have larger market values than Apple’s outlay on share repurchases over the last decade.

dirkle ,

Why? It’s a perfectly reasonable thing to do. The company sold stock to raise money. No reason they shouldn’t be able to buy back the stock they sold with the money they made.

dirkle ,

I can see how my reply could be interpreted that way but that was not the intention. I meant they sell stock to raise money to find their business, expansions, etc. Not to raise money just to buy their stock back.

dirkle ,

Is there no scenario in which a company could buy back their stocks? Or are companies that offer stock forever stuck with never getting those back? That would kill a lot of opportunities for companies to start up, expand their business, or take advantage of other opportunities to grow. You can’t always get money from a bank loan.

dirkle ,

I have a cat. He is a pet. Not a fur baby or child. I am not a cat. He’s too old to be a baby. Young cats are kittens, not babies. I also very dislike doggos and kiddos.

Not sure why I wrote all that like a four year old. Maybe because that’s how I view the intelligence level of those that feel the need to use that kind of language.

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